World’s largest express transportation company currently serves more than 220 countries and territories
FedEx Express has appointed SAB Express (SAB) as the global service provider for its international services, connecting Saudi Arabia with more than 220 countries and territories.
“SAB has been a long-term service provider to TNT business in Saudi Arabia, and following TNT’s acquisition by FedEx, SAB Express became the licensee of FedEx Express in this dynamic market,” commented Sheikh Salah Al Balawi, Chairman and CEO, SAB Express.
“With SAB Express as FedEx licensee in Saudi Arabia, we are leveraging their comprehensive expertise in delivering an outstanding service across the country and building on our mutual strengths to connect customers to possibilities around the world.” remarked Jack Muhs, Regional President, FedEx Express Middle East, Indian Subcontinent and Africa.
FedEx Express operates its extensive Middle East Road Network, connecting Saudi Arabia directly to the UAE, Bahrain, Kuwait, Oman and Jordan. According to the 2018 Global Insight Report, these six countries accounted for US$ 1.5tn in Gross Domestic Product (GDP).
With a rapidly developing airport, maritime, railway and road infrastructure, Saudi Arabia’s logistics market is valued at US$ 18bn and is expected to reach US$ 25bn by 2020. Cargo growth and industry investment is set to continue growing too. A special economic zone is under development at the King Khalid International Airport in Riyadh, focusing on integrated logistics.
SAB Express was established in 1998 to operate as TNT Express in the Kingdom of Saudi Arabia. With the acquisition of TNT Express by FedEx Express, SAB Express now serves both brands as a service provider in the Kingdom.
